GA > Atlanta > Dixie Hills
Atlanta, GA 30314,2065 Morehouse DR NW
Atlanta, GA 30314,2065 Morehouse DR NW
Atlanta, GA 30314,2065 Morehouse DR NW
Atlanta, GA 30314,2065 Morehouse DR NW
Atlanta, GA 30314,2065 Morehouse DR NW
Atlanta, GA 30314,2065 Morehouse DR NW
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Kara Lawrence

Kara Lawrence

+1(678) 799-2347
$ 335,000
Est. payment | /mo

8,999 Sqft Lot

Save
$ 335,000
Est. payment | /mo
Save

8,999 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Dixie Hills

MLS Listing ID 7467306

Construction Status Updated/Remodeled

HOA Y/N No

Originating Board First Multiple Listing Service

Year Built 1938

Annual Tax Amount $3,676

Tax Year 2023

Lot Size 8,999 Sqft

Acres 0.2066

Property Description

Single family home set up like a duplex duplex !! Guaranteed CASH COW section 8 rental property. Investors & Landlords DON’t worry about evictions anymore and don’t miss out on STABLE incomes . This property is GUARANTEED government rental income , It has certified desktop appraisal at 350k. Section 8 tenants scheduled to move in on 10/28/24 . Unit A is a 1br/1ba - has an approved rent amount of $1,250.00 plus $100.00 service fee & unit B - Has an approved rent amount of $1,250 plus $100.00 service fee. This is GREAT opportunity for investors who’s willing to put more skin in the game by putting down 25 percent down for a 30 year mortgage. This will give you a 10 percent ANNUALLY cap rate by LEVERAGING a 30 year mortgage. This will lower your interest rates and affordable monthly payments. Property has Two NEW gas meters !!
Preferred closing date - buyer will close with activated section 8 contracts on or before 10/28/24
Seller is providing a 2 year home warranty at closing !!!

Location

State GA

County Fulton

Lake Name None

Interior

Heating Central, Separate Meters

Cooling Ceiling Fan(s), Central Air

Flooring Carpet, Other

Window Features Window Treatments

Exterior

Garage Paved, See Remarks

Fence Back Yard, Vinyl, Wood

Community Features Other

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available

Waterfront Description None

View Other

Roof Type Asbestos Shingle

Accessibility None

Handicap Access None

Parking Type Paved, See Remarks

Private Pool false

Building

Lot Description Other

Story One

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type HardiPlank Type,Wood Siding,Other

New Construction No

Construction Status Updated/Remodeled

Schools

Elementary Schools Woodson Park Academy

Middle Schools Fulton - Other

High Schools Frederick Douglass

Others

Senior Community no

Tax ID 14 017400070038

Acceptable Financing 1031 Exchange, Cash, Other

Listing Terms 1031 Exchange, Cash, Other

Special Listing Condition None

First Multiple Listing Service(FMLS)
Listed by Maximum One Greater Atlanta Realtors
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(678) 799-2347

kara@mynextstepsrealestate.com

880 Holcomb Bridge Rd, Roswell, GA, 30076, United States

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2065 Morehouse DR NW